Tax Credit Monetization...

By
Mortgage and Lending with Blue Water Home Loans NMLS# 166527

The American Recovery and Reinvestment Act of 2009 provides a tax credit of up to $8,000.00 to first-time homebuyers who purchase a home on or before November 30, 2009. Government entities and FHA-approved non-profit agencies that are considered instrumentalities of government may provide tax credit advances with a second lien.  The tax credit advance may be used to make the down payment and pay closing costs, discount points and pre-paid expenses.  For information on the tax credit or anything else please do not hesitate to call me at 810-987-1200. 

Comments (1)

Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

I am reblogging this, thanks for the info. I am sure a lot of folks have heard but need reminding.

Jul 11, 2009 03:24 AM